Absolute Capital Management, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 9, 2024), Absolute Capital Management, LLC reported 105 stock positions worth $165.1 million. Its top holding was Vaneck Semiconductor ETF (SMH) at 6.2% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 5.1%) and VG Morningstar TS MKT ETF-US (VTI, 3.6%). Compared with Q1 2024, it opened 15 new positions, sold out of 14, added to 49 and reduced 34. The biggest buy was a new position in Invesco S&P 500 Equal Weight (RSP) and the biggest sale an exit from Invesco S&P 500 High Dividen (SPHD).
- Most Recent 13F
- Q2 2026
- Location
- Pittsburgh, PA
- CIK
- 0001817648
- Portfolio Value
- $165.1M (Q2 2024)
- SEC Filing
- 0001172661-24-003191 ↗ filed Aug 9, 2024
Holdings Value
Holdings 105 stocks · $165.1M
| SMH Vaneck Semiconductor ETF | 6.24% | 39,498 | $10.3M | Reduce -10.5% |
| QQQ Invesco QQQ Trust Series 1 | 5.07% | 17,478 | $8.4M | Reduce -34.2% |
| VTI VG Morningstar TS MKT ETF-US | 3.57% | 22,004 | $5.9M | Add +2.7% |
| RSP Invesco S&P 500 Equal Weight | 3.56% | 35,749 | $5.9M | New |
| SOXX iShares Semiconductor ETF | 3.52% | 23,550 | $5.8M | No change |
| VIS Vanguard Industrials ETF | 3.46% | 24,283 | $5.7M | Add +38.0% |
| XLK SS Technology Select Sector | 3.35% | 24,461 | $5.5M | Add +498.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.23% | 9,788 | $5.3M | Reduce -3.5% |
| RWL Invesco S&P 500 Revenue ETF | 2.75% | 48,976 | $4.5M | Reduce -53.6% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 2.70% | 11,400 | $4.5M | No change |
| QUAL iShares MSCI USA Quality Fac | 2.61% | 25,237 | $4.3M | Add +120.9% |
| FDLO Fidelity Low Volat Fact ETF | 2.59% | 74,945 | $4.3M | Add +57.8% |
| VLU SS SPDR S&P 1500 Value Tilt | 2.55% | 24,500 | $4.2M | Add +25.0% |
| IVV iShares Core S&P 500 ETF | 2.49% | 7,512 | $4.1M | Reduce -7.3% |
| VOX Vanguard Communication Servi | 2.17% | 25,866 | $3.6M | Reduce -0.1% |
| VGT Vanguard Info Tech ETF | 2.01% | 5,764 | $3.3M | Reduce -5.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.85% | 5 | $3.1M | No change |
| USMV iShares MSCI USA Min Vol Fac | 1.76% | 34,565 | $2.9M | Add +82.1% |
| IBHF iShares Ibond 2026 HY & Inc. | 1.51% | 108,529 | $2.5M | Add +10.7% |
| IGIB iShares 5-10Y Inv Grade Corp. | 1.49% | 47,860 | $2.5M | Reduce -2.3% |
| SPXN Proshares S&P 500 Ex-Financi | 1.39% | 38,800 | $2.3M | No change |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 1.34% | 49,009 | $2.2M | Add +4.5% |
| VCLT Vanguard Long-Term Corp. Bond | 1.28% | 27,887 | $2.1M | Reduce -1.1% |
| EEMV iShares MSCI Emg MKT Min Vol | 1.27% | 36,700 | $2.1M | New |
| IJR iShares Core S&P Small-Cap E | 1.23% | 19,104 | $2.0M | Reduce -8.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.21% | 21,769 | $2.0M | Reduce -3.7% |
| IWM iShares Russell 2000 ETF | 1.09% | 8,837 | $1.8M | Reduce -35.7% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 1.07% | 53,375 | $1.8M | New |
| IVW iShares S&P 500 Growth ETF | 1.06% | 18,947 | $1.8M | Add +53.8% |
| XLV SS Health Care Select Sector | 0.90% | 10,212 | $1.5M | Reduce -20.1% |
| UNH Unitedhealth Group Inc. | 0.88% | 2,861 | $1.5M | Add +1.7% |
| VHT Vanguard Health Care ETF | 0.85% | 5,270 | $1.4M | Reduce -0.2% |
| VFMF Vanguard US Multifactor ETF | 0.82% | 11,100 | $1.4M | Reduce -53.1% |
| IYW iShares Ustechnology ETF | 0.80% | 8,785 | $1.3M | Reduce -0.5% |
| GOOGL Alphabet Inc. Class A | 0.80% | 7,243 | $1.3M | Add +346.6% |
| SPAB SS SPDR P Agg Bond ETF | 0.77% | 50,911 | $1.3M | Reduce -2.4% |
| VEA Vanguard Ftse Developed ETF | 0.77% | 25,777 | $1.3M | Add +24.0% |
| MSFT Microsoft Corp. | 0.76% | 2,821 | $1.3M | Add +164.6% |
| IHAK iShares Cybersecurity & Tech | 0.76% | 27,300 | $1.3M | Add +20.8% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.73% | 25,541 | $1.2M | Add +5.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.70% | 3,103 | $1.2M | Add +26.4% |
| DFUV Dimensional US Marketwide Va | 0.69% | 29,077 | $1.1M | Reduce -4.2% |
| GS Goldman Sachs Group Inc. | 0.66% | 2,401 | $1.1M | New |
| EFG iShares MSCI Eafe Growth ETF | 0.63% | 10,244 | $1.0M | Add +70.4% |
| VOO Vanguard S&P 500 ETF | 0.63% | 2,082 | $1.0M | Add +313.9% |
| BSJQ Invesco Bulletshares 2026 HY | 0.61% | 43,479 | $1.0M | Reduce -24.6% |
| ITA iShares U.S. Aerospace & Def | 0.61% | 7,588 | $1.0M | Reduce -5.5% |
| EFA iShares MSCI Eafe ETF | 0.60% | 12,574 | $985K | New |
| NFLX Netflix Inc. | 0.59% | 1,440 | $972K | Add +58.9% |
| CMG Chipotle Mexican Grill Inc. | 0.57% | 15,000 | $940K | No change |
| COST Costco Wholesale Corp. | 0.56% | 1,096 | $932K | Add +76.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.56% | 5,766 | $931K | Add +32.5% |
| BNDX Vanguard Total Intl Bond ETF | 0.54% | 18,463 | $899K | Add +29.9% |
| IVE iShares S&P 500 Value ETF | 0.54% | 4,885 | $889K | Add +13.8% |
| WMT Walmart Inc. | 0.49% | 11,945 | $809K | Add +94.3% |
| V Visa Inc. Class A | 0.47% | 2,983 | $783K | Add +106.0% |
| VXUS Vanguard Total Intl Stock | 0.46% | 12,548 | $757K | Add +4.7% |
| NVDA Nvidia Corp. | 0.45% | 5,949 | $735K | Add +12.9% |
| XLF SS Financial Select Sector | 0.43% | 17,162 | $706K | Add +0.8% |
| PLTR Palantir Technologies Inc. Class A | 0.42% | 27,100 | $686K | Add +144.1% |
| PWR Quanta Services Inc. | 0.41% | 2,659 | $676K | New |
| BND Vanguard Total Bond Market | 0.40% | 9,194 | $662K | Reduce -0.1% |
| BNDC NT Core Bond ETF | 0.39% | 29,470 | $645K | Add +96.4% |
| IJH iShares Core S&P Midcap ETF | 0.37% | 10,311 | $603K | New |
| FMAT Fidelity MSCI Materials Indx | 0.36% | 12,176 | $602K | Reduce -5.7% |
| BSV Vanguard Short-Term Bond ETF | 0.36% | 7,841 | $601K | Add +48.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.36% | 1,452 | $591K | No change |
| MBB iShares MBS ETF | 0.34% | 6,152 | $565K | Reduce -1.5% |
| IEMG iShares Core MSCI Emerging | 0.33% | 10,061 | $539K | Add +93.0% |
| AAPL Apple Inc. | 0.31% | 2,459 | $518K | Add +24.2% |
| XLI SS Industrial Select Sector | 0.31% | 4,159 | $507K | Reduce -76.0% |
| VWO Vanguard Ftse Emerging Marke | 0.29% | 11,100 | $486K | Add +25.1% |
| FDVV Fidelity High Dividend ETF | 0.28% | 10,000 | $468K | New |
| SPIB SS SPDR P Int C Corp. ETF | 0.27% | 13,792 | $449K | Reduce -0.7% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.26% | 12,146 | $426K | Add +23.6% |
| DLN Wisdomtree US Largecap Divid | 0.26% | 5,786 | $421K | Reduce -3.6% |
| BIV Vanguard Intermediate-Term B | 0.25% | 5,406 | $405K | Add +5.2% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.24% | 6,813 | $403K | Add +7.6% |
| XMHQ Invesco S&P Midcap Qual ETF | 0.24% | 4,105 | $398K | Reduce -15.2% |
| EFV iShares MSCI Eafe Value ETF | 0.24% | 7,486 | $397K | Reduce -36.3% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.24% | 9,265 | $391K | New |
| XLSR SS US Sector Rotation | 0.23% | 7,577 | $386K | Reduce -13.8% |
| TLT iShares 20+ Year Treasury BD | 0.21% | 3,743 | $344K | Add +0.8% |
| AMZN Amazon.com Inc. | 0.21% | 1,752 | $339K | Add +28.6% |
| GLD SPDR Gold Shares | 0.20% | 1,564 | $336K | Reduce -40.1% |
| META Meta Platforms Inc. Class A | 0.19% | 636 | $321K | Add +25.7% |
| SCHR Schwab Intermediate-Term US | 0.19% | 6,551 | $319K | Add +6.1% |
| SPEM State Street SP PTF Em ETF | 0.18% | 8,096 | $305K | Reduce -3.7% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.18% | 3,773 | $302K | New |
| VMBS Vanguard Mortgage-Backed Sec | 0.18% | 6,609 | $300K | Add +44.4% |
| HYDB iShares High Yield Systemati | 0.18% | 6,313 | $293K | Add +19.7% |
| HYGV NT HY Val-SCRD BD ETF | 0.17% | 7,114 | $287K | Add +34.0% |
| BLV Vanguard Long-Term Bond ETF | 0.17% | 4,030 | $283K | New |
| QDF NT Qual Div ETF | 0.17% | 4,186 | $278K | Add +36.3% |
| SJNK SS SPDR BB St Hi Yield ETF | 0.16% | 10,779 | $269K | Reduce -36.6% |
| LLY Eli Lilly & Co. | 0.15% | 281 | $254K | New |
| VB Vanguard Most SM-Cap ETF-Usd | 0.15% | 1,146 | $251K | Add +30.7% |
| CALF PCR US SM CP CSH CWS ETF-Usd | 0.15% | 5,710 | $249K | Reduce -5.0% |
| IEFA iShares Core MSCI Eafe ETF | 0.14% | 3,070 | $223K | Add +10.0% |
| ITB iShares U.S. Home Constructi | 0.13% | 2,200 | $222K | No change |
| BINC iShares Flex I A ETF-Usd Inc. | 0.13% | 4,206 | $220K | Add +0.1% |
| IWY iShares Russell Top 200 Grow | 0.13% | 1,015 | $218K | New |
| HEFA Isha Curr Hedged MSCI Eafe | 0.13% | 5,979 | $213K | Reduce -35.3% |
| SPMO Invesco S&P 500 Momentum ETF | 0.12% | 2,323 | $203K | New |
| TDTT NT Iboxx 3Y Dur Tips ETF | 0.12% | 8,572 | $202K | New |
Other holdings (1): bonds, preferreds, convertibles and warrants · $239K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| IBDP iShares Ibonds Dec 2024 Term | IBONDS DEC24 ETF · principal | 9,500 | $239K | No change |
Total filed on the 13F, all lines: $165.3M.
Portfolio Sells Q1 2024 → Q2 2024
| SPHD Invesco S&P 500 High Dividen | Sold out | 0.00% | −4.05 |
| RWL Invesco S&P 500 Revenue ETF | Reduce -53.6% | 2.75% | −3.57 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -34.2% | 5.07% | −2.46 |
| VFMF Vanguard US Multifactor ETF | Reduce -53.1% | 0.82% | −1.09 |
| XLI SS Industrial Select Sector | Reduce -76.0% | 0.31% | −1.09 |
| MCD McDonald's Corp. | Sold out | 0.00% | −0.84 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.81 |
| IWM iShares Russell 2000 ETF | Reduce -35.7% | 1.09% | −0.76 |
| PCAR Paccar Inc. | Sold out | 0.00% | −0.72 |
| VGK Vanguard Ftse Europe ETF | Sold out | 0.00% | −0.61 |
| IBHD iShares Ibonds 2024 H/Y Inc. | Sold out | 0.00% | −0.46 |
| MA Mastercard Inc. Class A | Sold out | 0.00% | −0.36 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.33 |
| XLV SS Health Care Select Sector | Reduce -20.1% | 0.90% | −0.30 |
| TJX TJX Companies Inc. | Sold out | 0.00% | −0.30 |
| BSJQ Invesco Bulletshares 2026 HY | Reduce -24.6% | 0.61% | −0.25 |
| IJR iShares Core S&P Small-Cap E | Reduce -8.8% | 1.23% | −0.24 |
| GTLS Chart Industries Inc. | Sold out | 0.00% | −0.23 |
| IVV iShares Core S&P 500 ETF | Reduce -7.3% | 2.49% | −0.23 |
| CPB The Campbell's Company | Sold out | 0.00% | −0.21 |
| EFV iShares MSCI Eafe Value ETF | Reduce -36.3% | 0.24% | −0.17 |
| PKB Invesco Building & Construct | Sold out | 0.00% | −0.17 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.5% | 3.23% | −0.16 |
| FALN iShares Fallen Angels ETF | Sold out | 0.00% | −0.15 |
| EMLC Vaneck JPM Em Local Curr BND | Sold out | 0.00% | −0.15 |
| GLD SPDR Gold Shares | Reduce -40.1% | 0.20% | −0.14 |
| IGIB iShares 5-10Y Inv Grade Corp. | Reduce -2.3% | 1.49% | −0.13 |
| VCLT Vanguard Long-Term Corp. Bond | Reduce -1.1% | 1.28% | −0.13 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -3.7% | 1.21% | −0.11 |
| SJNK SS SPDR BB St Hi Yield ETF | Reduce -36.6% | 0.16% | −0.11 |
| DFUV Dimensional US Marketwide Va | Reduce -4.2% | 0.69% | −0.10 |
| XMHQ Invesco S&P Midcap Qual ETF | Reduce -15.2% | 0.24% | −0.10 |
| SMH Vaneck Semiconductor ETF | Reduce -10.5% | 6.24% | −0.10 |
| HEFA Isha Curr Hedged MSCI Eafe | Reduce -35.3% | 0.13% | −0.08 |
| ITA iShares U.S. Aerospace & Def | Reduce -5.5% | 0.61% | −0.07 |
| SPAB SS SPDR P Agg Bond ETF | Reduce -2.4% | 0.77% | −0.07 |
| FMAT Fidelity MSCI Materials Indx | Reduce -5.7% | 0.36% | −0.07 |
| VHT Vanguard Health Care ETF | Reduce -0.2% | 0.85% | −0.06 |
| XLSR SS US Sector Rotation | Reduce -13.8% | 0.23% | −0.05 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Reduce -5.0% | 0.15% | −0.04 |
| MBB iShares MBS ETF | Reduce -1.5% | 0.34% | −0.03 |
| BND Vanguard Total Bond Market | Reduce -0.1% | 0.40% | −0.03 |
| DLN Wisdomtree US Largecap Divid | Reduce -3.6% | 0.26% | −0.02 |
| VGT Vanguard Info Tech ETF | Reduce -5.2% | 2.01% | −0.02 |
| SPIB SS SPDR P Int C Corp. ETF | Reduce -0.7% | 0.27% | −0.02 |
| SPEM State Street SP PTF Em ETF | Reduce -3.7% | 0.18% | −0.01 |
| VOX Vanguard Communication Servi | Reduce -0.1% | 2.17% | −0.00 |
| IYW iShares Ustechnology ETF | Reduce -0.5% | 0.80% | +0.04 |
Portfolio Buys Q1 2024 → Q2 2024
| RSP Invesco S&P 500 Equal Weight | New | 3.56% | +3.56 |
| XLK SS Technology Select Sector | Add +498.9% | 3.35% | +2.81 |
| QUAL iShares MSCI USA Quality Fac | Add +120.9% | 2.61% | +1.41 |
| EEMV iShares MSCI Emg MKT Min Vol | New | 1.27% | +1.27 |
| CGDV Cap Group Dividend Value | New | 1.07% | +1.07 |
| FDLO Fidelity Low Volat Fact ETF | Add +57.8% | 2.59% | +0.89 |
| USMV iShares MSCI USA Min Vol Fac | Add +82.1% | 1.76% | +0.75 |
| VIS Vanguard Industrials ETF | Add +38.0% | 3.46% | +0.72 |
| GS Goldman Sachs Group Inc. | New | 0.66% | +0.66 |
| GOOGL Alphabet Inc. Class A | Add +346.6% | 0.80% | +0.64 |
| EFA iShares MSCI Eafe ETF | New | 0.60% | +0.60 |
| MSFT Microsoft Corp. | Add +164.6% | 0.76% | +0.48 |
| VOO Vanguard S&P 500 ETF | Add +313.9% | 0.63% | +0.48 |
| PWR Quanta Services Inc. | New | 0.41% | +0.41 |
| IVW iShares S&P 500 Growth ETF | Add +53.8% | 1.06% | +0.40 |
| IJH iShares Core S&P Midcap ETF | New | 0.37% | +0.37 |
| VLU SS SPDR S&P 1500 Value Tilt | Add +25.0% | 2.55% | +0.36 |
| FDVV Fidelity High Dividend ETF | New | 0.28% | +0.28 |
| COST Costco Wholesale Corp. | Add +76.2% | 0.56% | +0.27 |
| WMT Walmart Inc. | Add +94.3% | 0.49% | +0.25 |
| PLTR Palantir Technologies Inc. Class A | Add +144.1% | 0.42% | +0.25 |
| NFLX Netflix Inc. | Add +58.9% | 0.59% | +0.24 |
| SHYG iShares 0-5 YR HY Corp. Bond | New | 0.24% | +0.24 |
| EFG iShares MSCI Eafe Growth ETF | Add +70.4% | 0.63% | +0.24 |
| V Visa Inc. Class A | Add +106.0% | 0.47% | +0.22 |
| SPYG SS SPDR P S&P 500 Growth ETF | New | 0.18% | +0.18 |
| BNDC NT Core Bond ETF | Add +96.4% | 0.39% | +0.18 |
| BLV Vanguard Long-Term Bond ETF | New | 0.17% | +0.17 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +26.4% | 0.70% | +0.16 |
| IEMG iShares Core MSCI Emerging | Add +93.0% | 0.33% | +0.15 |
| LLY Eli Lilly & Co. | New | 0.15% | +0.15 |
| NVDA Nvidia Corp. | Add +12.9% | 0.45% | +0.14 |
| IWY iShares Russell Top 200 Grow | New | 0.13% | +0.13 |
| SPMO Invesco S&P 500 Momentum ETF | New | 0.12% | +0.12 |
| TDTT NT Iboxx 3Y Dur Tips ETF | New | 0.12% | +0.12 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +32.5% | 0.56% | +0.11 |
| VEA Vanguard Ftse Developed ETF | Add +24.0% | 0.77% | +0.11 |
| BSV Vanguard Short-Term Bond ETF | Add +48.5% | 0.36% | +0.11 |
| BNDX Vanguard Total Intl Bond ETF | Add +29.9% | 0.54% | +0.10 |
| AAPL Apple Inc. | Add +24.2% | 0.31% | +0.10 |
| IHAK iShares Cybersecurity & Tech | Add +20.8% | 0.76% | +0.08 |
| IBHF iShares Ibond 2026 HY & Inc. | Add +10.7% | 1.51% | +0.06 |
| VWO Vanguard Ftse Emerging Marke | Add +25.1% | 0.29% | +0.06 |
| VMBS Vanguard Mortgage-Backed Sec | Add +44.4% | 0.18% | +0.05 |
| AMZN Amazon.com Inc. | Add +28.6% | 0.21% | +0.05 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +5.5% | 0.73% | +0.04 |
| QDF NT Qual Div ETF | Add +36.3% | 0.17% | +0.04 |
| META Meta Platforms Inc. Class A | Add +25.7% | 0.19% | +0.04 |
| HYGV NT HY Val-SCRD BD ETF | Add +34.0% | 0.17% | +0.03 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +23.6% | 0.26% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 162 | $400.8M | IVV, SOXX, QQQ, DIVB, VLU |
| Q1 2026 | 146 | $301.0M | QQQ, VLU, DIVB, SOXX, IVV |
| Q4 2025 | 133 | $274.5M | SMH, QQQ, DIVB, SPY, VLU |
| Q3 2025 | 120 | $233.4M | SMH, QQQ, DIVB, VLU, SPY |
| Q2 2025 | 123 | $199.0M | SMH, QQQ, XLK, VLU, BRK.A |
| Q1 2025 | 118 | $173.0M | SMH, QQQ, VLU, BRK.A, DIVB |
| Q4 2024 | 121 | $180.8M | SMH, QQQ, VLU, XLK, SPY |
| Q3 2024 | 107 | $168.3M | SMH, QQQ, SPY, VLU, SOXX |
| Q2 2024 | 105 | $165.1M | SMH, QQQ, VTI, RSP, SOXX |
| Q1 2024 | 104 | $156.7M | QQQ, SMH, RWL, SPHD, VTI |